A break-up of the eurozone may be where we are headed if spending cuts take precedence over debt defaults and if the financial crisis continues to be cynically portrayed as a morality play. What the continent needs is a debt jubilee and a halt to austerity. Oh, and some solidarity. Otherwise, a second Great Depression beckons.
We have had a massive £375billion of quantative easing so far, which may have saved the financial sector but has done very little for the rest of us. That amounts to around £6,000 per man, woman and child in the UK. So why not electronically add this to the current accounts of every member of the public? Why not give the QE money directly to ordinary people to spend, save or pay off their debts?
Labour's lead over the Tories just isn't big enough, says the party's doom-and-gloom brigade, and has often fallen below the six-point mark. So? As YouGov's Anthony Wells confirms, on a uniform swing and assuming the Liberal Democrats get 15 per cent of the vote, the Conservatives need a lead of seven points to secure a Commons majority, whereas Labour needs just two.
I have absolutely no interest whatsoever in listening to the head of the Church of England pontificate about banking - I find it totally bizarre! It's like listening to George Osborne's view on wild trout fishing or Abu Qatada's view on last week's episode of Made in Chelsea (For the record, he thought it was 'totes amazing' but also kind of wishes a plague on both their houses).